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Home Markets Equities Stock Market

Stock Round Up (26/6/13): Why ABC Transport Topped The Gainers Chart

Nairametrics by Nairametrics
June 26, 2014
in Stock Market
Stock Round Up (26/6/13): Why ABC Transport Topped The Gainers Chart
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The gainers chart today was quite tepid as most stocks gained between 2% and 6%. Good old ABC Transport topped the gainers chart today after the company announced a proposed a 6kobo dividend as well as a 1 for 10 bonus issue. The dividend is payable September 12th. The market loves dividend and love bonus shares even more. Let’s see how far this bull run will last.

Oando and FO continued to lead the slide for stocks in the Oi and Gas sector as they both lost 10% respectively. Caverton also joined that list losing 5%. Japaul which led the gainers list yesterday lost 4% today as well. You see why I hate speculation??

 

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Tags: newsABC Transport PlcOando Plc
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Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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